BitGo

Figure announced the OPEN Network and said it will list the first native blockchain equity, with support from custody provider BitGo and trading firm Jump Trading.

BitGo disclosed in a regulatory filing that it plans to raise up to $201 million in a U.S. initial public offering. The move marks a notable step for the crypto custody firm toward public markets.

Fold has secured nationwide U.S. consumer access to bitcoin under a single federally supervised trust structure, enabled by a partnership that leverages BitGo Bank & Trust’s new OCC charter. The move streamlines oversight and could simplify compliance across states.

BitGo has added Lightning Network support to its qualified custody platform in New York, letting institutional clients make significantly faster and cheaper Bitcoin payments directly from custody. The integration aims to combine Layer 2 payment speed with a regulated custody environment.

BitGo has added IOTA mainnet support, enabling U.S. institutional clients to custody and manage IOTA holdings. The move broadens onshore access and could encourage greater institutional participation and liquidity for IOTA.

Hedera has launched Wrapped Bitcoin (WBTC) on its network with BitGo acting as custodian, allowing BTC holders to access Hedera-based DeFi without selling their coins. The move aims to deepen cross-chain liquidity and broaden on‑chain yield options in the HBAR ecosystem.

BitGo confirmed a temporary disruption on the XRP Ledger after an exchange wallet ran out of balance and automated scripts kept submitting payments, producing thousands of failed transactions and network congestion. The custodian says it has begun mitigation while queues clear.

A BitGo-controlled wallet generated a large number of failed payment transactions on the XRP Ledger, sharply increasing on-chain activity and drawing attention from blockchain watchers.